Published on 15 Jun 04
by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
This paper looks at the 'value-shifting' rules. These rules were enacted as a counter to some of the consequences of moving assets (and then losses) within corporate groups. While the regimes which permitted these transactions to occur have now been removed, the rules survive and remain special impediments to the ability of taxpayers to moving assets around within groups. Where and how do they impact on opportunities to shift income and gains?
As a Partner in the Taxation Consulting group at PKF Sydney, Paul provides tax consulting, planning, compliance and advisory services to a range of public and large private companies. He has considerable experience in advising a wide range of clients and in dealing with the relevant taxation legislation as it affects them. Paul regularly presents professional development seminars for the Institute of Chartered
Accountants, CPAs and National Institute of Accountants on topics such as tax reform, restructuring, business sales, employee share schemes and updates on tax cases and tax rulings.
Current at 1 July 2005 Current at 25 September 2010
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